The NZDUSD pair settles at the key support 0.6073 and keeps its stability above it, noticing that stochastic begins to overlap positively, waiting to resume the expected bullish trend for the upcoming period, which targets 0.6216 level mainly.

On the other hand, we should note that breaking 0.6073 and holding below it will stop the suggested rise and press on the price to decline towards 0.5958 initially.

The expected trading range for today is between 0.6050 support and 0.6160

The expected trend for today: Bullish

The AUDUSD pair trades at the main bullish channel’s support line that appears on the chart, getting continuous positive support by the EMA50, which supports the chances of resuming the main bullish trend, which its next target located at 0.6685.

Therefore, we will keep our positive overview for the upcoming period conditioned by the price stability above 0.6515, as breaking it will push the price to test the most important support at 0.6407 before any new positive attempt.

The expected trading range for today is between 0.6480 support and 0.6600

The expected trend for today: Bullish

Brent oil price approached testing the first key resistance 35.45 and bounced bearishly from there, to fluctuate at the minor bullish channel’s support line that appears on the chart, which we believe it forms bearish flag pattern, which means that breaking this channel’s support line will push the price to head towards the main bullish channel’s support line at 32.75 direct, which represents the main negative target.

Stochastic provides negative signals that we are waiting to assist to achieve the required break and motivate the price to decline today, to keep the bearish trend suggested in the upcoming sessions unless the price rallied to breach 34.45 followed by 36.00 levels and hold above them.

The expected trading range for today is between 32.75 support and 36.00 resistance.

The expected trend for today: Bearish

Crude oil price provided positive trades on last Friday, but it started to rebound bearishly after approaching the broken support of the bullish channel, which keeps the bearish trend scenario for the upcoming period, which targets 28.80 mainly.

Thus, we are waiting for negative trades today, noting that breaching 34.10 followed by 34.60 levels will stop the suggested decline and push the price to resume the main bullish trend, which its next target located at 36.00.

The expected trading range for today is between 30.00 support and 34.60 resistance.

The expected trend for today: Bearish